Monthly Archives: July 2016

Houston’s first major micro-unit condo project shifts direction

When Novel Creative Development LLC announced plans for Houston’s first major micro-unit condominium in fall 2015, the new developer expected to sell all 550 units before breaking ground in June 2016.

Novel Creative Development was confident it would find a market among young, single working professionals interested in buying affordable homes that are less than 500 square feet. The Houston developer, founded by a group of doctors and real...

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